| Show RUIN piteous wall comes up id argentine this time it is not finances that to is causing asty of despair but the utter de bf social order since the I 1 harks sharks and finance brigandage dietes dieted their looting of the s treasury ravaging aking her stocks foreign securities and literally brating sing the government a less ted crowd of robbers have taken tefle ion and are ru running the affairs late tate on the pistol and bowie eplan on As a result foreign residents ilette the country in swarms one month says a buenos limtt paper per over 2000 european work mi were taken from that city by am learners this is only an ex ample of what is ia going on regularly the exodus is in compared by the reports to the desolation of a plague or a civil war so deep is it il affecting the class of population most desirable to the country A large proportion of these people says the report are inclined to agricultural pursuits for which argentine offers more than ordinary inducements but they behold the most shocking murder perpetrated with impunity and evidently prefer to establish themselves in a country where law and order is such as to enable them to sleep in comfort without a pistol under their pillow with Wit houch such a in their host boat oms they will not be likely ut bt presen to come this way to find horawa homes but that is a side matter which makes no less pitiable the misfortunes of argentine this thia picture of temporary ruin coming from the south american republic is so 60 perfect a product of the present period that it ought to strike every reader with a particular interest it was only a few years ago ago that the promises of prosperity in argentine were so great as to attract thither hundreds of f millions of foreign capital but it went there not to build up hut but to speculate and with it went the speculating horde in all of its innumerable varieties and professions for a little while after this portentous arrival rival argentine was proclaimed the most splendid country on earth it was the speculators trick to go his full length in babbling this idea into t the h e ears of 0 the world nothing has compared with the tales that were told of this little republic in ill all the bistor history jy of the boom period of course a great many men made big pronto profits while it lasted and argentine became wonderfully advertised but the ballooning business would not carry its weight over the first head wind with the first shock it tumbled and such a spill has been witnessed only a few times in the history of speculation ula tion that it carried down with it next to tie the most powerful financial concern in the world and ultimately caused the ruin of phout thousands ands of strong establishments that bad d not a shadow of interest in the argentine collapse sufficiently explains the magnitude oi 01 the speculation and now that the speculators have had their run what Is ie there left for the country simply a season of attea helplessness almost as degrading as its aboriginal n al barbarism there appears no great occasion for in moralizing moral oral izing upon the situation the whole tontine loutine of causes and results are so easy to be understood and are being so perfectly exemplified on every side of us that to know is to comprehend |
